PETALING JAYA: With core inflation in Asia-Pacific not as high as in the United States and Europe, some countries in the region may not need to closely follow the US Federal Reserve’s (Fed) tightening cycle, says S&P Global Ratings. Core inflation is the price change of goods and services minus food and energy. The rating […]
Read MoreThe QSR of Asia under Thai Beverage Plc (ThaiBev), one of the operators of KFC in Thailand, is keen to participate in a race to acquire another KFC franchise if Restaurants Development Co, one of the other KFC franchisees in Thailand, agrees to sell its KFC franchise business as reported. According to a source from […]
Read MoreAVERAGE tax revenues in Asia-Pacific fell to 19.1 per cent of GDP in 2022 from 20.3 per cent in 2019 as a result of the Covid-19 pandemic, placing the average tax-to-GDP ratio in the region lower than the averages for the OECD and Latin America and the Caribbean (LAC), according to the latest OECD report. […]
Read MoreMANILA, Philippines — Southeast Asian countries needs to come up with stronger regulatory frameworks and innovative methods in the plastic value chain in order to reduce plastic waste, according to the World Bank. In a World Bank blog post, Axel van Trotsenburg who serves as managing director of operations at the World Bank, and Association […]
Read MoreIn view of the rising cross-border business in the region, the Asean Committee on Consumer Protection (ACCP) has launched an online mechanism to speedily address the grievances of consumers. The ‘Online Consumer Complaints Function,’ launched at the recent 3rd Asean Consumer Protection Conference is one of the first steps towards developing the Asean Online Dispute […]
Read MoreThe unemployment rate for Cambodia is expected to be at 0.31 percent this year, which is the lowest among all member states of the Association of Southeast Asian Nations (Asean), according to the Asean Information Center. Laos is at the second place with a projected unemployment rate of one percent. The unemployment rate of Myanmar […]
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Thailand
